Question

In: Economics

How could Apple use collaborative forecasting with its suppliers to improve its supply chain?

How could Apple use collaborative forecasting with its suppliers to improve its supply chain?

Solutions

Expert Solution

The decisions made at Apple have a significant impact, often well beyond the company itself, which is why the detailed contributions of forecasting are so critical. Timely and actionable insights help solve complex business problems across multiple areas of operations. Methods include critical reporting, ad hoc analytics, and advanced analytics/machine learning. Areas of work include Customer Engagement, Supply Chain Optimization, Product Quality, Operations Execution and Fraud Detection, and Sales Channel Program Analytics.

Apple is all about the customer experience, even in ways customers may not notice. Analysts is responsible for keeping things humming as finished products move through our supply chain and sales channels. Work cross-functionally with other Apple teams to come up with ways to improve processes, such as making it simple for customers to order a product online and pick it up in a store. Areas of work include Project Management.

Develop demand forecasts that support numerous key activities at Apple, ranging from corporate P&L forecasting and planning to daily factory builds and customer-level allocation. The supply plans drive manufacturing capacity and materials purchase requirements for this week through next year. In preparing for a new product introduction (NPI) apple ensures that customers receive our products when promised through all channels of sales. Areas of work include Supply and Demand Management, Reseller Operations Management, and New Product Readiness.

Apple’s products in the hands of its customers in the fastest and most efficient manner possible. Managing global systems, processes, and negotiations that create an efficient and low-cost supply chain while providing an exceptional customer experience. Areas of work include Procurement, Logistics Operations, Loss Prevention, and Supply Chain Analytics.

Apple products are made with revolutionary precision to perform exactly as promised. And because customers all over the world eagerly await that experience, they built a supply chain that’s equally revolutionary.


Related Solutions

How could Apple use collaborative forecasting with its suppliers to improve its supply chain?
How could Apple use collaborative forecasting with its suppliers to improve its supply chain?
1. According to “New Study on Collaborative Execution Finds Supply Chain Collaboration Can Improve Operational Metrics...
1. According to “New Study on Collaborative Execution Finds Supply Chain Collaboration Can Improve Operational Metrics by 50 Percent or More” (Bloomberg, 2012) By a ratio of nearly two to one, supply chain professionals agreed that one of the biggest barriers to successful collaboration is a slow issue resolution process. This was identified as a systemic problem related to quality of information flow, in terms of both the granularity (level of detail) and timeliness of data shared. And 92 percent...
Explain how forecasting relates to having an efficient supply chain.
Explain how forecasting relates to having an efficient supply chain.
Discuss and describe how Dell Inc. implemented good or best supply chain practices to improve its...
Discuss and describe how Dell Inc. implemented good or best supply chain practices to improve its business performance.
In supply chain network analysis and design, discuss how do location of plant, suppliers and customers...
In supply chain network analysis and design, discuss how do location of plant, suppliers and customers play critical role?
Apple Suppliers & Labor Practices With its highly coveted line of consumer electronics, Apple has a...
Apple Suppliers & Labor Practices With its highly coveted line of consumer electronics, Apple has a cult following among loyal consumers. During the 2014 holiday season, 74.5 million iPhones were sold. Demand like this meant that Apple was in line to make over $52 billion in profits in 2015, the largest annual profit ever generated from a company’s operations. Despite its consistent financial performance year over year, Apple’s robust profit margin hides a more complicated set of business ethics. Similar...
APPLE SUPPLIERS & LABOR PRACTICES With its highly coveted line of consumer electronics, Apple has a...
APPLE SUPPLIERS & LABOR PRACTICES With its highly coveted line of consumer electronics, Apple has a cult following among loyal consumers. During the 2014 holiday season, 74.5 million iPhones were sold. Demand like this meant that Apple was in line to make over $52 billion in profits in 2015, the largest annual profit ever generated from a company’s operations. Despite its consistent financial performance year over year, Apple’s robust profit margin hides a more complicated set of business ethics. Similar...
please write why sustainable supply chain is important and how to improve? (with references -400 words)
please write why sustainable supply chain is important and how to improve? (with references -400 words)
What role does demand forecasting play in Starbucks supply chain strategy?
What role does demand forecasting play in Starbucks supply chain strategy?
With VMI, members of the supply chain share planning, demand, forecasting, and inventory information.
With VMI, members of the supply chain share planning, demand, forecasting, and inventory information.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT